Since Spring 2018, Italy has been governed by a strange social-nativist coalition of the Five Star Movement (M5S) and the Lega, (the former Northern League). The Five Star Movement (M5S) is an anti-system and anti-establishment party, which is unclassifiable in the usual left-right typologies but one of its leitmotifs is a guaranteed basic income. The Lega is a regionalist and anti-tax movement, now converted into a nationalist party specialised in hunting foreigners. It would be an...
Read More »Europe, migrants and trade
While European leaders are preparing to tighten the conditions of entry into the European Union it is worth trying to get a clearer picture of the current patterns of migration and more broadly of Europe’s positioning in the globalisation process. The data available are incomplete but are sufficient to establish the main orders of magnitude. The most comprehensive data are those gathered by the United Nations Population Division on the basis of demographic statistics provided by each...
Read More »The Transferunion fantasy
While the political crisis deepens in Italy and in Spain, France and Germany are still demonstrably incapable of formulating precise and ambitious proposals for reforming Europe. All that is required however is for these four countries, who alone account for three quarters of the GDP and the population of the Euro zone, to agree on a common approach and the way to reform would be open. How can we explain such extraordinary inertia and why is it so serious? In France, there is a...
Read More »May 1968 and inequality
Should we burn May ’68? Critics claim that the spirit of May ’68 has contributed to the rise of individualism, even to ultra-liberalism. In truth, these assertions do not stand up to close scrutiny. On the contrary, the May ’68 Movement was the start of a historical period of considerable reduction in social inequalities in France which ran out of steam later for quite different reasons. Let’s go back for a moment. In France the years 1945-1967 are marked by high rates of growth, but...
Read More »Capital in Russia
Next month Karl Marx will be 200 years old. What would he have thought of the sad state Russia is in today? This is a country which never ceased to claim to be ‘Marxist Leninist’ throughout the Soviet period. Doubtless he would have denied any responsibility for a regime which appeared long after his death. Marx grew up in a world of censitory oppression and private property sacralization, where even the owners of slaves could be handsomely compensated if their property was violated...
Read More »Towards a Union in the Union
After the Italian elections and Trump’s commercial antics one might well feel depressed and be tempted to use Europe to play the same silly game of introverted assertion of identity – strengthening immigration laws and ramping up protectionist measures. In so doing, we would be forgetting two key points. One: contrary to what we sometimes hear, the rise of European populism is not explained by any flood of immigrants. The truth is that the number of migrants entering the UE was much...
Read More »Parcoursup: could do better
All societies need a grand narrative to justify their inequalities. In contemporary societies, the focus is on the meritocratic narrative. Modern inequality is just because it is the outcome of a process which is freely chosen in which each individual has the same opportunities. The problem is that there is a yawning gap between the official meritocratic declarations and the reality. In the United States, the chances of acceding to higher education are almost entirely determined by...
Read More »Democratising Europe begins with ECB nominations
This collective op-ed was initially published on January 22 2018 in Le Monde (in French) and in VoxEurop (in English). While our eyes are glued to the interminable vicissitudes of the German Groko, a no less important story is playing out in Brussels, but has so far met with indifference. On January 22nd and February 19th, Eurogroup finance ministers will hold private meetings that will mark the beginning of a profound renewal of the European Central Bank executive board. The first...
Read More »2018, the year of Europe
Ten years after the financial crisis, will the year 2018 see Europe making a great leap forward? Several factors contribute to this view, but the outcome is far from certain. The crisis in 2008, which triggered the sharpest global recession since the 1929 crisis, clearly originated in the increasingly obvious weaknesses of the American system: excessive deregulation, an explosion in inequalities, indebtedness of the poorest. Supported by a more equalitarian and inclusive model of...
Read More »Trump, Macron: same fight
It is customary to contrast Trump and Macron: on one hand the vulgar American businessman with his xenophobic tweets and global warming scepticism; and on the other, the well-educated, enlightened European with his concern for dialogue between different cultures and sustainable development. All this is not entirely false and rather pleasing to French ears. But if we take a closer look at the policies being implemented, one is struck by the similarities. In particular, Trump, like...
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